373 S. Smith Mill Rd 4.2 and Home

$315,000
New Listing
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Property Details

ID: 104032
External ID/MLS: --/26-947
Status: New Listing
Price: $315,000
Acres: 4.2
Price Per Acre: $75,000
Type: Residential Property, Single Family, Recreational Land
Address: 373 S Smith Mill Road
City, State: Caledonia, Mississippi
County: Lowndes
Zip Code: 39740
Lat/Long: 33.673964, -88.26014
Presented By: Jacob Bryan
Phone: (662) 231-5899
Email: Click to Contact

Description

The Lowndes 4 is a 4-acre investment opportunity in Lowndes County, MS, anchored by a 3,232 sq. ft. renovation-ready home within the highly-regarded Caledonia School District. This property is strategically positioned for value-add investors or those seeking a multi-use homestead, bolstered by unique outbuildings and flexible financing.
 
Key Property Highlights

  • Main Residence: A sprawling 3,232± sq. ft. layout (built in 1989) featuring four bedrooms and two bathrooms. It is sold "as is," serving as a blank canvas for a complete modern transformation.

  • Income Potential: Includes a detached four-stall garage featuring a 1-bedroom, 1-bathroom apartment. This secondary unit is ideal for immediate rental income, a guest suite, or a private home office while the main house is under renovation.

  • Infrastructure & Storage: An RV-sized pole barn provides substantial utility for heavy equipment, boats, or agricultural storage, significantly increasing the property's appeal for hobby farmers or outdoor enthusiasts.

  • Desirable Location: Situated in a growing area of Lowndes County known for its "Southern hospitality" and historic charm. It offers the peace of rural living while remaining accessible to local amenities in Caledonia.

Investment & Lifestyle Potential

  • Equity Opportunity: The combination of a top-tier school district and a "fixer-upper" status allows buyers to build significant sweat equity.

  • Multi-Use Homestead: The 4-acre lot size is ideal for small-scale farming, housing livestock like chickens or goats, or establishing large vegetable gardens and orchards.

  • Flexible Terms: The availability of seller financing lowers the barrier to entry for investors who may prefer non-traditional lending routes to secure a project quickly.

     

Directions:

From Columbus Nissan on Hwy 12 travel Hwy 12 toward the Alabama state line and turn right onto S Smith Mill Rd and the home will be the second drive on the left.

Showing Instructions:

Call listing agent

Download Brochure

Additional Details

Home Details

Sq Ft: 3232
Beds: 4
Full Baths: 4
Half Baths: 1
Year Built: 1989
Stories: 1
Architecture Style: Craftsman
Foundation: Combination
Exterior Materials: Wood Siding
Roof: Metal
Exterior Features: Barbecue, Boat Slip
Water Source: Public
Cooling: Ceiling Fan(s), Central Air
Heating: Central
Pool Features: In Ground
Fireplaces: 1

Additional Info

School District: Caledonia
Utilities: Cable Available, Electricity Connected, Water Connected

Financial

Listing Terms: Cash, Conventional, Owner Will Carry
Taxes (annually): $3,216
Tax Year: 2025
Legal Description:

Pt Sw4 Nw4 S Smith Mill Rd
Jacob Bryan
Jacob Bryan
Realtor®
Licensed in MS
(662) 231-5899

Ask Jacob a Question

Contact An Agent

Jacob Bryan
Jacob Bryan
Realtor®
Licensed in MS
(662) 231-5899
Text Call
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SWAPA LAND

PO Box 2057
Learned, MS 39154

(601) 850-2878